The comparable sales data (5 recent transactions in COURTYARD PRESERVE CONDO) supports an estimated value of $501,453. The data suggests a list price between $635,000 and $673,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 7 comparable homes on the market in COURTYARD PRESERVE CONDO's current inventory. The 226 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2005 (7 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in COURTYARD PRESERVE CONDO, listed between $689,000 and $930,000. Prices in 78734 have fallen 10.7% over the last 6 months. A similar home at 804 San Remo BLVD # 26B, Lakeway TX 78734 carries an adjusted comparable value of $442,917, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus